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Home Investments Italy Tax Company Points Decision Clarifying Tax Credit score for R&D Investments for Design, Aesthetic Conception

Italy Tax Company Points Decision Clarifying Tax Credit score for R&D Investments for Design, Aesthetic Conception

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Italy Tax Company Points Decision Clarifying Tax Credit score for R&D Investments for Design, Aesthetic Conception

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July 29, 2022, 5:00 AM

The Italian Income Company July 26 issued Decision No. 41, clarifying the tax credit score for R&D investments for design and aesthetic conception actions within the style, leather-based items, jewellery, and eyewear sector. The tax company clarified that: 1) actions geared toward introducing a brand new product, which carry a big enchancment to the prevailing product and are crucial to beat scientific or technological difficulties are included within the scope of the R&D tax credit score; 2) actions geared toward modifying the aesthetics of a product and launching new style developments aren’t thought of resolving a technical or scientific problem; and three) actions …

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